Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphFor the legal form of FORESTHEIR, Checked does not compute a bankruptcy probability. The 2024 annual accounts show equity of €90.45M and a net result of €13.03M. Equity remains stable across the filed fiscal years (±0.7% per year). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneFor this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
Financials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €13.03M |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €318k |
| Dividends | - |
| Total assets | €131.62M |
| Equity | €90.45M |
| Debt | €41.17M |
| of which ≤ 1y | €41.17M |
| of which > 1y | - |
| Working capital | €10.95M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.27 |
| Quick ratio | 1.27 |
| Working capital ratio | 8.3% |
| Solvency | 68.7% |
| Debt / equity | 0.46 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 9.9% |
| ROE | 14.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €131.62M |
| Fixed assets | 21/28 | €79.50M |
| Financial fixed assets | 28 | €79.50M |
| Current assets | 29/58 | €52.12M |
| Amounts receivable within one year | 40/41 | €10.24M |
| Investments | 50/53 | €1,000k |
| Cash & bank | 54/58 | €40.88M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €131.62M |
| Equity | 10/15 | €90.45M |
| Contributions / capital | 10/11 | €68.25M |
| Reserves | 13 | €1.07M |
| Accumulated profits (losses) | 14 | €21.14M |
| Amounts payable | 17/49 | €41.17M |
| Amounts payable within one year | 42/48 | €41.17M |
| Trade debts payable within one year | 44 | €41.17M |
| Income statement | ||
| Gross operating margin | 9900 | €-367k |
| Operating result | 9901 | €-371k |
| Financial income | 75 | €15.97M |
| Financial charges | 65 | €2.25M |
| Result before taxes | 9903 | €13.35M |
| Income taxes | 67/77 | €318k |
| Net result for the period | 9904 | €13.03M |
| Result to be appropriated | 9905 | €13.03M |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
under verification-
Current02-12-2025 → present
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Current02-12-2025 → present
-
Current02-12-2025 → present
Former directors (2)
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Former- → 02-12-2025
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Former23-10-2024 → 02-12-2025
2 events
- 02-12-2025 Resigned· Managing director
- 23-10-2024 Mandate renewed· Director
Statutory auditor
1 auditor| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Révision Gestion AuditCurrent Statutory auditor · represented by El Ghouzzi Laurent |
- | 02-12-2025 → present |
Insolvency mandates
Legal Structure
| NACE primary | - |
| Legal form | Foreign entity(030) |
| Incorporation | 15-05-2007 |
| Status | Active |
| Postal code | 93420 |
Structure & network
Connections & network
28 connected companiesLocations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0053/00H003 | Brussels | 3,732 m² | 1 · 955 m² | 29.5 m · 8 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
8 acts02-12-2025 4 directors appointed, 2 resigning
- Forestier Léonard, Zaakvoerder
- Forestier Margaux, Bestuurder
- Forestier Honey, Bestuurder
- El Ghouzzi Laurent, Commissaris
- FORESTHEIR, Bestuurder
- FORESTIER Jean-Claude, Gedelegeerd bestuurder
03-06-2025 Publication in the Belgian Official Gazette, Miscellaneous
06-01-2025 Articles of association amended
28-10-2024 Jean-Claude FORESTIER reappointed as director
04-09-2018 Registered office moved within Bruxelles
- Avenue du Bois de Sapins 2, 1200 Bruxelles → Rue des Colonies 11, 1000 Bruxelles
22-11-2016 Articles of association amended
17-01-2012 Registered office moved from Bruxelles to Woluwe Saint-Lambert
- Chaussée de la Hulpe 178, 1170 Bruxelles → Avenue du Bois de Sapins 2, 1200 Woluwe Saint-Lambert
12-05-2010 Capital decrease of €4,757,160.60 to €127,247,230.40
Analysis
Snowflake analysis
financial profile on 5 axesExceptional profile, strong across almost every axis.
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | FORESTHEIR |